Asia
EV sales collapse as subsidies and tax credits come to an abrupt halt, says Rystad Energy
The global electric vehicle (EV) market is reeling from one of the most dramatic collapses in monthly sales to date, with Rystad Energy research showing that only 672,000 units were sold in January, almost half of December 2022 sales and a mere 3 percent year-on-year increase over January 2022.
The Sandbox expands to Germany with the acquisition of game development studio Sviper
The Sandbox, a decentralized gaming virtual world and subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Tuesday announced it has acquired Sviper GmbH, the German game development studio.
Asia-Pacific leads global public cloud storage growth in 2023, says a study
Asia-Pacific (APAC) organizations are embracing the public cloud to store fast-growing volumes of data, specifically for backup, archive and disaster recovery initiatives, but are hit the hardest by public cloud storage fees compared to their global counterparts, according to Part 2 of Wasabi’s 2023 Global Cloud Storage Index.
Mitsui & Co. invests in U.S. based healthcare technology company Koios Medical
Mitsui & Co., Ltd. has participated as a lead investor in a Series B round financing of Koios Medical, Inc. (Koios), a U.S.-based healthcare technology and digital medicine company.
SoftBank, Ant Group seek to sell Paytm stake to reduce holding in payments firm – report
Ant Group and SoftBank have discussed selling shares in the company through a secondary stock deal, according to the report.
Japan’s Astroscale raises $76M G round funding from new investors
Astroscale Holdings Inc., the Japan-based firm in satellite servicing and long-term sustainability across all orbits, has closed a Series G round with more than $76 million in funding. The investment were come from new investors Mitsubishi Electric, Yusaku Maezawa, Mitsubishi UFJ Bank, Mitsubishi Corporation, Development Bank of Japan, and FEL Corporation.
HashKey gets approval to conduct off-platform virtual asset trading (OTC) in Hong Kong
HashKey Group, a Hong Kong-based digital asset financial services provider in Asia, has announced that it has obtained approval from the Securities and Futures Commission of Hong Kong (SFC) to carry on an off-platform virtual asset trading business out of (OTC) for Hash Blockchain Limited (HBL).
Animoca Brands Japan invests in Taiwanese firm Passion Labs
Animoca Brands Japan, a strategic subsidiary of Hong Kong-based gaming firm Animoca Brands Corporation Limited (Animoca Brands), has invested in Passion Labs, a platform providing customer experience and community engagement tools to empower users with data ownership and help brands build communities.
Grease Monkey Games partners with Mishimoto for Torque Drift 2
Grease Monkey Games, a subsidiary of Hong Kong-based gaming firm Animoca Brands, has joined forces with Mishimoto, the leader in car cooling aftermarket parts, for the upcoming Torque Drift 2.
